BOJ head: Inflation likely to accelerate gradually

NHK -- Jan 12
The governor of the Bank of Japan says he thinks consumer inflation will likely accelerate gradually on rising energy costs.

Kuroda Haruhiko made the comment in an online quarterly meeting of BOJ regional branch managers on Wednesday.

He said an expected recovery in demand following a resumption of economic activities was another factor to back up his view.

Kuroda said Japan's economy is picking up as a trend but remains in a severe state due to the impact of the pandemic.